debit

Noun · Verb
Synonyms: debit entry

WordNet 3.0

Noun (1)

  1. an accounting entry acknowledging sums that are owingSynonyms: debit entry

Verb (1)

  1. enter as debit
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Webster's Dictionary (GCIDE)

Debit \Deb"it\, n. [L. debitum what is due, debt, from debere to owe: cf. F. d['e]bit. See Debt.] A debt; an entry on the debtor (Dr.) side of an account; -- mostly used adjectively; as, the debit side of an account. [1913 Webster]
Debit \Deb"it\, v. t. [imp. & p. p. Debited; p. pr. & vb. n. Debiting.]

1.To charge with debt; -- the opposite of, and correlative to, credit; as, to debit a purchaser for the goods sold. [1913 Webster]

2.(Bookkeeping) To enter on the debtor (Dr.) side of an account; as, to debit the amount of goods sold. [1913 Webster]

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